CVS Pharmacy

Galveston is a coastal resort city and port off the Southeast Texas coast on Galveston Island and Pelican Island in the state of Texas. The community had a population of 53,695 at the 2020 census, and is the county seat of surrounding Galveston County and second-largest municipality in the county. It is also within the Houston–The Woodlands–Sugar Land metropolitan area at its southern end on the northwestern coast of the Gulf of Mexico. During the 19th century, Galveston became a major U.S. commercial center and one of the largest ports in the United States. It was, for a time, Texas' largest city, known as the "Queen City of the Gulf". Much of Galveston's economy is centered in the tourism, health care, shipping, and financial industries. The 84-acre University of Texas Medical Branch campus with an enrollment of more than 2,500 students is a major economic force of the city. Galveston is home to six historic districts containing one of the largest historically significant collections of 19th-century buildings in the U.S., with over 60 structures listed on the National Register of Historic Places, maintained by the National Park Service in the United States Department of the Interior. American National Insurance Company, one of the largest life insurance companies in the United States, is based in Galveston. The company and its subsidiaries operate in all 50 U.S. states, the District of Columbia, Puerto Rico, and American Samoa. Through its subsidiary, American National de México, Compañía de Seguros de Vida, it provides products and services in Mexico. Moody National Bank, with headquarters in downtown Galveston, is one of the largest privately owned Texas-based banks. Its trust department, established in 1927, administers over 12 billion dollars in assets, one of the largest in the state. In addition, the regional headquarters of Iowa-based United Fire & Casualty Company are located in the city. The city's tourist attractions include the Galveston Island Historic Pleasure Pier, Galveston Schlitterbahn waterpark, Moody Gardens botanical park, the Ocean Star Offshore Drilling Rig & Museum, Galveston Railroad Museum, a downtown neighborhood of historic buildings known as The Strand, many historical museums and mansions, and miles of beach front from the East End's Porretto Beach, Stewart Beach to the West End pocket parksOriginal Loan: $4,888,420 Down Payment: $4,164,211 Acquisition Price: $9,052,631 Current Loan Balance as 09/01/2025: $4,467,117 Annual Cash Flow since after Debt Service: $180,291+/- Total Cash Return since Purchase: $720,000